Billionaire Carl Icahn says private equity run has peaked

NEW YORK (MarketWatch) -- Billionaire investor Carl Icahn said Wednesday said the private equity boom has peaked and it will be harder for firms to make money on their investments. Icahn, speaking at the Wall Street Journal's Deals and Deal Makers Conference, said shareholders are becoming less reluctant to sell out because they believe they can get higher premiums and interest rates are going to make leveraging companies harder.

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